InterpretationInterpretation

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Banking (prudential standard) determination No. 1 of 2025

Prudential Standard APS 111 Capital Adequacy: Measurement of Capital

Banking Act 1959

I, Sean Carmody, a delegate of APRA:

under subsection 11AF(3) of the Banking Act 1959 (the Act), REVOKE Banking (prudential standard) determination No. 5 of 2022, including Prudential Standard APS 111 Capital Adequacy: Measurement of Capital made under that determination; and

under subsection 11AF(1) of the Act, DETERMINE Prudential Standard APS 111 Capital Adequacy: Measurement of Capital in the form set out in the schedule, which applies to all ADIs and authorised NOHCs to the extent provided in paragraphs 2 to 5 of the prudential standard.

This instrument commences on 1 July 2025.

Dated: 13 April 2025

Sean Carmody

Executive Director

Policy and Advice Division

Interpretation

In this instrument:

APRA means the Australian Prudential Regulation Authority.

ADI, authorised NOHC and prudential standard have their respective meanings given in subsection 5(1) of the Act.

Schedule

Prudential Standard APS 111 Capital Adequacy: Measurement of Capital comprises the document commencing on the following page.